VESTLAMELL AS

4230 SAND

Finances

Return on Equity

44,71 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 606 000	7 963 000	5 778 000	5 265 000
Net Income	1 175 000	1 387 000	413 000	139 000
Total Assets	4 571 000	3 834 000	2 501 000	1 880 000
Total Equity	2 628 000	1 752 000	1 166 000	1 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 606 000	7 963 000	5 778 000	5 265 000
Expenditure	8 119 000	6 182 000	5 243 000	5 084 000
Operating Profit	1 487 000	1 781 000	534 000	181 000
Financial Income	25 000	3 000	1 000	0
Financial Costs	3 000	3 000	3 000	0
Financial Balance	22 000	0	−2 000	0
Earnings Before Tax	1 510 000	1 780 000	532 000	181 000
Tax	334 000	394 000	120 000	42 000
Net Income	1 175 000	1 387 000	413 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	85 000	137 000	173 000
Total Current Assets	4 535 000	3 749 000	2 364 000	1 708 000
Total Assets	4 571 000	3 834 000	2 501 000	1 880 000
Total Retained Equity	2 228 000	1 352 000	766 000	753 000
Total Equity	2 628 000	1 752 000	1 166 000	1 153 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 943 000	2 081 000	1 336 000	728 000
Total Equity and Debt	4 571 000	3 834 000	2 501 000	1 880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 606 000	7 963 000	5 778 000	5 265 000
Other Income	0	0	0	0
Revenue	9 606 000	7 963 000	5 778 000	5 265 000
Cost of Goods Sold	5 007 000	3 363 000	2 714 000	2 521 000
Salary Costs	1 960 000	1 848 000	1 685 000	1 664 000
Depreciation	55 000	57 000	55 000	56 000
Impairment	0	0	0	0
Expenditure	8 119 000	6 182 000	5 243 000	5 084 000
Operating Profit	1 487 000	1 781 000	534 000	181 000
Financial Income	25 000	3 000	1 000	0
Financial Costs	3 000	3 000	3 000	0
Financial Balance	22 000	0	−2 000	0
Dividends	300 000	800 000	400 000	0
Net Income	1 175 000	1 387 000	413 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	15 000	10 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	70 000	127 000	165 000
Total Tangible Assets	15 000	70 000	127 000	165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	85 000	137 000	173 000
Stock	965 000	1 129 000	796 000	685 000
Total Investments	0	0	0	0
Cash, Bank	2 783 000	2 431 000	1 016 000	371 000
Total Current Assets	4 535 000	3 749 000	2 364 000	1 708 000
Total Assets	4 571 000	3 834 000	2 501 000	1 880 000
Total Equity	2 628 000	1 752 000	1 166 000	1 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	568 000	378 000	363 000	268 000
Unpaid Taxes	287 000	316 000	231 000	236 000
Dividends	300 000	800 000	400 000	0
Other Current Debt	448 000	189 000	219 000	180 000
Total Current Debt	1 943 000	2 081 000	1 336 000	728 000
Total Equity and Debt	4 571 000	3 834 000	2 501 000	1 880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,71 %	79,17 %	35,42 %	12,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,48 %	22,37 %	9,24 %	3,44 %
Current Ratio	2,33	1,8	1,77	2,35
Quick Ratio	4,64	3,94	4,38	39,72
Equity Ratio	0,57	0,46	0,47	0,61
Gross Profit Margin	47,88 %	57,77 %	53,03 %	52,12 %